By Lee Adler In this regular Radio Free Wall Street podcast for subscribers Lee Adler and Russ Winter, discuss becoming expats, The Taper, the importance of the VIX futures and what they mean for the market. Lee discusses what to expect around the 3% area for the 10 Year Treasury. Russ gets into the implications…
Must Read
This is a complete list of Wall Street CEOs prosecuted for their role in the financial crisis – Neil Irwin – WaPo
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Five years after Lehman fell, taking the global economy along with it, a roll call of Wall Street CEOs serving time for their role in the crisis looks something like this: Thanks, Dangerz0ne. So, yeah. Zero Wall Street CEOs are in jail. But we did promise you a list: 1. No one. 2. LOL. 3.…
Must Read
▶ Keiser Report: America’s Curse – YouTube
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Max Keiser and Stacy Herbert discuss America’s curse: dollar printing or JP Morgan? They also examine the truth about the fact that despite a mere $4 extra to manufacture a smartphone in America rather than in China, production will remain overseas. In the second half, Max travels upriver to interview Turd Ferguson of TFMetalsReport.com outside…
Must Read
Unprecedented Inequality: The Top 1 Percent Captured 95% of the Income Gains Since 2009 – The Real News Network – Video
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Since the early ’80s, recoveries have become progressively unequal. During the ’90s expansion, 45 percent of income gains went to the top 1 percent. During the Bush economy, the top 1 percent increased their income share to 65 percent. And in the current recovery, the top 1 percent have managed to capture the entirety of income growth. Dr. Salvatore Babones…
Chriss Street
A War the Pentagon Doesn’t Want – Chriss Street
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By Robert H. Scales, retired Army major general, is a former commandant of the U.S. Army War College. The tapes tell the tale. Go back and look at images of our nation’s most senior soldier, Gen. Martin Dempsey, and his body language during Tuesday’s Senate Foreign Relations Committee hearings on Syria. It’s pretty obvious that…
Radio Free Wall Street
Winter Says US Backing The Wrong Horse In Syria – Radio Free Wall Street
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By Lee Adler In this regular Radio Free Wall Street podcast for subscribers with Lee Adler and Russ Winter, Russ expounds forcefully on why the US is backing the wrong side in the Syrian conflict. Lee Adler discusses how the Fed has set up the market to have a bullish reaction when the Fed announces…
Contributors- Economic and Financial, Must Read, William Black
Wall Street Journal Considers Zero Prosecutions of Banks Excessive – Video with Bill Black
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Transcript and original post at The Real News Network
Charles Hugh Smith
Charting Insolvency: Social Security and Wages – By Charles Hugh Smith
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We as a nation need to prioritize the Social Security retirement of those with no other pension incomes. David P. of Market Daily Briefing kindly sent two charts illustrating the problem with Social Security. Yesterday I discussed The Trends Few Dare Discuss: Social Security and the Decline in Full-Time Employment (August 19, 2013); David’s charts graphically demonstrate the untenable trend…
Gold and Mining Stocks Trader
Precious Metals Schedule Note
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I have an early morning meeting on Tuesday and will not be posting the Precious Metals update Tuesday. It will return Wednesday morning as usual. Monday’s Radio Free Wall Street podcast will be posted at approximately 10 PM ET, where Russ Winter and I briefly discuss gold and precious metals along with an overview of…
New Economic Perspectives
Obama’s FBI Channels the Tea Party: Partner with the Banks and Blame the Poor for the Crisis – William K. Black
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By William K. Black (Cross posted and Benzinga.com) Introduction This is the third column in my series discussing why the FBI and the Department of Justice (DOJ) have failed to investigate and prosecute successfully the largest and most destructive financial fraud epidemic in history. The series uses the FBI’s 2010 Mortgage Fraud report to tease…
